According to a recent New York Times article, Toronto has the most active construction cranes of any other North American city. The RLB Crane Index, a report by surveying firm Rider Levett Bucknall on the number of construction cranes in major American and Canadian cities, found that the vast majority are being used to build new homes. With an estimated 97 active cranes as of July 2018, Toronto outranks the next highest city, Seattle, by more than 30 cranes, and also boasts the highest number used in home construction (85). This report highlights the significant development taking place in the city to accommodate new and existing residents to the region.
Read the article on the New York Times.
Greybrook Securities CEO Sasha Cucuz recently joined fellow industry leaders to tackle the economic pressures shaping the future of Canadian housing. Speaking at the Veritas 14th Annual Great Canadian Real Estate Conference, Cucuz participated in a highly anticipated panel discussion…
Listen to this article: It is difficult to find a market conversation today that does not eventually lead back to interest rates. For Canadian advisors, there are particularly good reasons to be paying attention. U.S. Treasury yields have moved materially…
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Greybrook team members rode in support of the 7th Annual Velo Blu Charity Bike Ride in Niagara-on-the-Lake, helping raise $270,000 to advance research into rare childhood diseases and gene therapy through the Blu Genes Foundation. Held at the scenic Peller…
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Listen to this article: The best time to buy durable assets is rarely the moment they feel comfortable to buy. In multifamily, rent growth tells you where a market is today, but the conditions that signal where it is heading…
Dallas-Fort Worth has been one of the most closely watched multifamily markets in the United States over the past several years. Long-term population and employment growth, rapid corporate relocations, relative affordability and a deep, diversified economy have helped draw a…
